Monday 3/10 Insider Buying Report: GFED, AWK

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As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.

On Friday, Guaranty Federal Bancshares ( GFED )'s Director, John F. Griesemer, made a $349,968 purchase of GFED, buying 30,432 shares at a cost of $11.50 each. So far Griesemer is in the green, up about 9.6% on their buy based on today's trading high of $12.60. Guaranty Federal Bancshares is trading up about 0.2% on the day Monday.

And on Wednesday, Director Paul J. Evanson purchased $222,450 worth of American Water Works ( AWK ), purchasing 5,000 shares at a cost of $44.49 each. This purchase marks the first one filed by Evanson in the past year. American Water Works is trading trading flat on the day Monday.

Monday 3/10 Insider Buying Report: GFED, AWK VIDEO: Monday 3/10 Insider Buying Report: GFED, AWK



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: GFED , AWK

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